PMV

PMV Re Vinci nv, based in Brussels, Belgium, is primarily focused on real estate development. The company plays a significant role in fostering the Flemish economy by providing funding to promising businesses from their inception through various growth stages and into international operations. Collaborating with government entities and other partners, PMV implements projects that are vital for prosperity and well-being in Flanders. The organization is dedicated to supporting entrepreneurship as a key driver of economic development and believes that sustainable business ventures must ultimately achieve profitability. Through its investments, PMV aims to ensure that every supported project contributes positively to the economic landscape of Flanders.

Kris Vandenberk

Senior Investment Manager

Past deals in Belgium

Augustine Therapeutics

Series A in 2025
Augustine Therapeutics N.V. is a biopharmaceutical company based in Gent, Belgium, focused on developing innovative therapies for patients suffering from Charcot-Marie-Tooth disease (CMT) and other neuromuscular disorders. Founded in 2019, the company is engaged in two drug discovery programs aimed at identifying novel selective HDAC6 inhibitors. These compounds are designed to prevent nerve degeneration and facilitate the repair of peripheral myelin and axons. Through its research and development efforts, Augustine Therapeutics seeks to enhance the quality of life for patients affected by these debilitating conditions.

Minze Health

Series A in 2024
Founded in Belgium in 2015, Minze Health specializes in digital health solutions for urinary tract problems. Its remote patient monitoring systems are used globally by hospitals and urology practices.

Augustine Therapeutics

Series A in 2024
Augustine Therapeutics N.V. is a biopharmaceutical company based in Gent, Belgium, focused on developing innovative therapies for patients suffering from Charcot-Marie-Tooth disease (CMT) and other neuromuscular disorders. Founded in 2019, the company is engaged in two drug discovery programs aimed at identifying novel selective HDAC6 inhibitors. These compounds are designed to prevent nerve degeneration and facilitate the repair of peripheral myelin and axons. Through its research and development efforts, Augustine Therapeutics seeks to enhance the quality of life for patients affected by these debilitating conditions.

Gorilla

Series B in 2024
Gorilla specializes in accelerating digital transformation within the energy and utility sector by providing tailored energy data applications. Its platform offers a flexible data model and stable environment with reusable algorithms, empowering companies to optimize pricing, forecasting, and reporting for enhanced sales and reduced risk.

MICLEDI Microdisplays

Series A in 2024
MICLEDI Microdisplays BV is a Belgium-based company that specializes in the design and manufacture of micro light emitting diode (LED) display chips for augmented reality (AR) glasses. As a fabless developer, MICLEDI focuses on innovative technologies that combine III/V materials processing with 3D integration and 300mm silicon-based processing. The company aims to deliver high-quality, power-efficient AR displays by utilizing a proprietary ASIC, which allows for the creation of compact and self-contained display modules. Serving the semiconductor industry, MICLEDI is positioned at the forefront of microLED technology, contributing to the advancement of augmented reality applications.

IVEX

Seed Round in 2023
IVEX is a technology company specializing in the development of tools and software for the testing and validation of advanced driver-assistance systems (ADAS) and autonomous driving (AD) vehicles. Originating from the University of Leuven, IVEX has assembled a diverse team from over ten countries and has established partnerships with prominent industry players, including Siemens. The company focuses on enhancing the efficiency of engineers who analyze extensive driving data generated by AD/ADAS systems. IVEX offers a cloud-based suite of testing and validation tools, alongside an onboard real-time safety checker, which can function independently or in tandem. Its software solutions enable the identification and categorization of driving scenarios, the creation of digital representations for simulation, and the analysis of large datasets with reduced computational demands. By prioritizing safety and performance, IVEX positions itself as a critical player in the evolving landscape of automated vehicle technology.

Gorilla

Series A in 2022
Gorilla specializes in accelerating digital transformation within the energy and utility sector by providing tailored energy data applications. Its platform offers a flexible data model and stable environment with reusable algorithms, empowering companies to optimize pricing, forecasting, and reporting for enhanced sales and reduced risk.

Minze Health

Seed Round in 2022
Founded in Belgium in 2015, Minze Health specializes in digital health solutions for urinary tract problems. Its remote patient monitoring systems are used globally by hospitals and urology practices.

CHILI Publish

Venture Round in 2022
CHILI Publish is a software company that specializes in online document editing solutions, transforming original designs into Smart Templates. Founded in 2010 and headquartered in Erembodegem, Belgium, CHILI Publish aims to simplify and automate graphic creation for businesses across various sectors, including marketing, retail, cosmetics, and food and beverage. Its innovative platform allows clients to generate on-brand visual communication for both print and packaging, significantly improving operational efficiency by eliminating repetitive tasks. The software is widely adopted by major and niche brands globally and integrates seamlessly with a broad network of third-party partners, providing a self-service environment for producing graphics efficiently.

Sweepatic

Venture Round in 2021
Sweepatic is a cybersecurity company headquartered in Belgium that specializes in External Attack Surface Management. Its cloud-based platform continuously maps, monitors, and manages internet-connected assets and associated risks, operating around the clock. By delivering high-impact insights and notifications through an intuitive dashboard, Sweepatic helps organizations identify and mitigate vulnerabilities in their external attack surfaces. This proactive approach enhances cyber resilience and reduces the likelihood of becoming targets for cybercriminals.

reMYND

Series B in 2021
reMYND specializes in developing disease-modifying treatments for Alzheimer's, Parkinson's, diabetes, and other protein-misfolding disorders. Its proprietary platforms include ReS19-T for Alzheimer's, ReS39 for diabetes, and ReS3-T targeting neuronal hyperactivity. Additionally, it offers contract research services using its Alzheimer mouse models to assess experimental treatments' effects for clients worldwide.

SettleMint

Debt Financing in 2020
SettleMint is a developer of a user-friendly blockchain platform that allows web2 engineers to build, deploy, and integrate applications on web3 infrastructure. Its low-code platform encompasses the entire web3 application development lifecycle, featuring node hosting as a service that enables quick deployment across various protocols and cloud regions. The platform offers a library of customizable smart contract templates for over 50 use cases, efficient data querying through full Graph QL integration, and decentralized data storage via IPFS nodes. Additionally, SettleMint provides an automated user interface builder and scalable resources for deployed services. The company, SOC2 certified and designed for enterprise use, aims to simplify web3 development by reducing complexity and risk. With a presence in Europe, the Middle East, India, and Asia-Pacific, SettleMint operates offices in several major cities, including Belgium, Dubai, Delhi, Singapore, and Tokyo.

CHILI Publish

Venture Round in 2020
CHILI Publish is a software company that specializes in online document editing solutions, transforming original designs into Smart Templates. Founded in 2010 and headquartered in Erembodegem, Belgium, CHILI Publish aims to simplify and automate graphic creation for businesses across various sectors, including marketing, retail, cosmetics, and food and beverage. Its innovative platform allows clients to generate on-brand visual communication for both print and packaging, significantly improving operational efficiency by eliminating repetitive tasks. The software is widely adopted by major and niche brands globally and integrates seamlessly with a broad network of third-party partners, providing a self-service environment for producing graphics efficiently.

QustomDot

Seed Round in 2020
QustomDot is a company based in Ghent, Belgium, specializing in the development and manufacturing of on-chip grade, cadmium-free quantum dots. These tiny semiconductor nanoparticles are designed for color conversion, allowing them to transform ultraviolet or blue light into pure colors. QustomDot's products enhance image quality and energy efficiency in various applications, including LED and LCD television screens, smartphones, smartwatches, and virtual or augmented reality goggles. Founded in 2020, the company also supports clients in effectively integrating quantum dots into their products, thereby improving the overall display performance and capabilities.

IVEX

Seed Round in 2020
IVEX is a technology company specializing in the development of tools and software for the testing and validation of advanced driver-assistance systems (ADAS) and autonomous driving (AD) vehicles. Originating from the University of Leuven, IVEX has assembled a diverse team from over ten countries and has established partnerships with prominent industry players, including Siemens. The company focuses on enhancing the efficiency of engineers who analyze extensive driving data generated by AD/ADAS systems. IVEX offers a cloud-based suite of testing and validation tools, alongside an onboard real-time safety checker, which can function independently or in tandem. Its software solutions enable the identification and categorization of driving scenarios, the creation of digital representations for simulation, and the analysis of large datasets with reduced computational demands. By prioritizing safety and performance, IVEX positions itself as a critical player in the evolving landscape of automated vehicle technology.

MICLEDI Microdisplays

Seed Round in 2020
MICLEDI Microdisplays BV is a Belgium-based company that specializes in the design and manufacture of micro light emitting diode (LED) display chips for augmented reality (AR) glasses. As a fabless developer, MICLEDI focuses on innovative technologies that combine III/V materials processing with 3D integration and 300mm silicon-based processing. The company aims to deliver high-quality, power-efficient AR displays by utilizing a proprietary ASIC, which allows for the creation of compact and self-contained display modules. Serving the semiconductor industry, MICLEDI is positioned at the forefront of microLED technology, contributing to the advancement of augmented reality applications.

Augustine Therapeutics

Seed Round in 2019
Augustine Therapeutics N.V. is a biopharmaceutical company based in Gent, Belgium, focused on developing innovative therapies for patients suffering from Charcot-Marie-Tooth disease (CMT) and other neuromuscular disorders. Founded in 2019, the company is engaged in two drug discovery programs aimed at identifying novel selective HDAC6 inhibitors. These compounds are designed to prevent nerve degeneration and facilitate the repair of peripheral myelin and axons. Through its research and development efforts, Augustine Therapeutics seeks to enhance the quality of life for patients affected by these debilitating conditions.

Biotalys

Series C in 2019
Biotalys is an agricultural technology company based in Ghent, Belgium, founded in 2013. The company specializes in researching and developing biopesticides designed to control pests and diseases on crops and harvested products. Biotalys employs its proprietary Agrobody technology platform to create protein-based biocontrol solutions that combine the effectiveness of chemical pesticides with the safety profile of biologicals. These solutions are suitable for both pre- and post-harvest applications, aiming to provide a more sustainable and safer food supply. The company's technology platform generates products that enable targeted delivery and retention of active ingredients to prevent and control weeds, pests, and diseases.

Unifly

Series B in 2019
Unifly is a developer of unmanned traffic management software focused on the secure integration of drones into global airspace. Founded in 2015 by aerospace experts, the company emerged from a vision shared by air traffic controllers who recognized the need for effective management of the increasing number of drones. Unifly's award-winning platform connects authorities and drone operators, allowing for real-time monitoring and management of drone traffic, while providing pilots with essential information regarding the legal status of their flights. The platform is already utilized by national authorities in Germany, Denmark, Austria, and Belgium, and Unifly is also active in the United States and several projects worldwide, including Africa and Asia. By fostering collaboration with various stakeholders, Unifly aims to enhance airspace safety and facilitate the seamless integration of drones into everyday life, addressing critical concerns regarding safety and oversight in both recreational and commercial drone activities.

SupplyStack

Series A in 2019
SupplyStack is a Belgium-based provider of transport management software that offers real-time visibility into transport orders and connects shippers with logistics service providers. The platform enables monitoring, planning and control of transportation flows from a single cloud solution, combining visibility with a transport management system to automate workflows, improve collaboration and reduce costs. It serves industries such as automotive, manufacturing, FMCG, chemical, wholesale and distribution, paper and packaging, building materials, pharmaceutical and healthcare, high tech and food and beverage. By providing real-time monitoring and carrier performance reporting, SupplyStack helps users select carriers, optimize routes and enhance the logistics service experience for customers. The company is headquartered in Antwerp, Belgium.

reMYND

Venture Round in 2018
reMYND specializes in developing disease-modifying treatments for Alzheimer's, Parkinson's, diabetes, and other protein-misfolding disorders. Its proprietary platforms include ReS19-T for Alzheimer's, ReS39 for diabetes, and ReS3-T targeting neuronal hyperactivity. Additionally, it offers contract research services using its Alzheimer mouse models to assess experimental treatments' effects for clients worldwide.

Teamleader

Series C in 2018
Teamleader, based in Belgium, is a software company specializing in project management and invoicing solutions for businesses. The company offers a platform that integrates sales, project management, calendar and time tracking, invoicing, and ticketing functionalities, aimed at simplifying daily operations for entrepreneurs. With a user-friendly interface and competitive pricing, Teamleader currently serves over 7,000 paying customers and has experienced significant growth, positioning itself for further expansion. Its comprehensive approach allows clients to streamline their processes, save time, and enhance revenue generation.

UnifiedPost Group

Venture Round in 2018
UnifiedPost Group operates a cloud-based platform for administrative and financial services in Belgium, connecting customers, suppliers and other participants in the financial value chain. It provides document, identity, payment, procurement and financing solutions to corporate, government, SMEs, and sectors including agriculture, accounting, interim and construction. The platform supports electronic invoicing and tax compliance, digital payments and procurement automation, and offers invoice financing to unlock working capital. Founded in 2001 and headquartered in La Hulpe, Belgium.

LindaCare

Series B in 2018
LindaCare LTD. is a Belgium-based company specializing in patient tele-monitoring solutions for chronic disease management. The company has developed a comprehensive dashboard that integrates tele-monitoring data from various cardiac implantable device vendors and electronic patient records. This vendor-independent software platform enhances workflow automation, provides customized alerts, and minimizes medical errors, thereby improving the efficiency of patient care. By offering healthcare professionals and hospitals a unified system, LindaCare aims to reduce the cost of care delivery while enhancing the quality and safety of patient management. The software enables both healthcare professionals and family members to effectively track and monitor patient activities remotely.

Aelin Therapeutics

Series A in 2017
Aelin Therapeutics is a privately held Belgian biotherapeutics company founded in 2017, based in Heverlee. The company develops antibiotics and therapeutics using its proprietary Pept-in technology, which leverages protein aggregation to induce functional knockdown of target proteins. This approach allows for the rational design of novel biotherapeutics that can address undruggable human targets and combat resistant bacteria like Methicillin-resistant Staphylococcus aureus (MRSA). Aelin Therapeutics' platform offers a unique mode of action and intracellular target space, differentiating it from traditional small molecule drugs or protein-based therapeutics. The company's technology has shown applications in various areas including bacteria, cancer cells, fungi, viruses, and plant cells, with supporting preclinical Proof of Concept data published in high-impact journals such as Science.

Laminaria

Venture Round in 2017
Laminaria is a company based in Ostend, Belgium, founded in 2011, that specializes in the manufacturing of wave energy converter equipment. Through its innovative technology, Laminaria contributes to the renewable energy sector by harnessing ocean wave motion to generate power. The company focuses on developing systems that convert tilting and translating movements of waves into electrical energy, transferring this motion through mooring ropes to connected generators. As a leader in the field, Laminaria heads a consortium of ocean energy experts for the LAMWEC project, collaborating with organizations such as EMEC, Innosea, Ghent University, and TTI Testing to advance wave energy technology and its applications.

Biotalys

Series B in 2017
Biotalys is an agricultural technology company based in Ghent, Belgium, founded in 2013. The company specializes in researching and developing biopesticides designed to control pests and diseases on crops and harvested products. Biotalys employs its proprietary Agrobody technology platform to create protein-based biocontrol solutions that combine the effectiveness of chemical pesticides with the safety profile of biologicals. These solutions are suitable for both pre- and post-harvest applications, aiming to provide a more sustainable and safer food supply. The company's technology platform generates products that enable targeted delivery and retention of active ingredients to prevent and control weeds, pests, and diseases.

Newtec

Secondary Market in 2017
Newtec is a Belgian company established in 1985, specializing in the design, development, and manufacture of advanced satellite communication equipment. With over 30 years of experience, Newtec offers a diverse range of products including modems, satellite terminals, hubs, modulators, demodulators, redundancy switches, and receivers. These technologies serve various sectors such as broadcasting, government and defense, IP trunking, and consumer and enterprise VSAT. The company is committed to innovation, continuously exploring new possibilities to meet the evolving needs of its customers. Newtec operates multiple regional offices and research and development centers across the globe, including locations in the United States, Singapore, China, the UAE, Brazil, Germany, and France, ensuring a broad reach and the capacity to support its clientele effectively.

VIRTEO NV

Venture Round in 2016
VIRTEO NV is a Belgian company founded in 2013 and headquartered in Mechelen. It operates a Software as a Service (SaaS) platform designed to facilitate the recovery of unpaid invoices for various clients, including corporations, small and medium-sized enterprises (SMEs), public institutions, court bailiffs, and lawyers. The platform streamlines internal dunning and external debt collection processes, enabling creditors to work efficiently with their partners while maintaining transparency and compliance. By offering tools that help manage the practices of external collection agencies, VIRTEO empowers clients to adhere to socially responsible policies while improving recovery rates and reducing costs. The company's approach aims to balance the goals of financial recovery with ethical standards, enhancing the reputation of the debt collection industry.

Unifly

Seed Round in 2015
Unifly is a developer of unmanned traffic management software focused on the secure integration of drones into global airspace. Founded in 2015 by aerospace experts, the company emerged from a vision shared by air traffic controllers who recognized the need for effective management of the increasing number of drones. Unifly's award-winning platform connects authorities and drone operators, allowing for real-time monitoring and management of drone traffic, while providing pilots with essential information regarding the legal status of their flights. The platform is already utilized by national authorities in Germany, Denmark, Austria, and Belgium, and Unifly is also active in the United States and several projects worldwide, including Africa and Asia. By fostering collaboration with various stakeholders, Unifly aims to enhance airspace safety and facilitate the seamless integration of drones into everyday life, addressing critical concerns regarding safety and oversight in both recreational and commercial drone activities.

neoScores

Series A in 2015
neoScores is an innovative company based in Kontich, Belgium, that specializes in providing an online platform for purchasing and playing digital sheet music. Established in 2013 by three professional musicians—Bart Van der Roost, Bob Hamblok, and Jonas Coomans—the company aims to transform the way musicians access and utilize sheet music. The platform, known as Gustaf, is compatible across various operating systems and devices, enabling users to securely buy scores and share notes with fellow musicians from anywhere. With a focus on high-quality, flexible, and aesthetically pleasing digital scores, neoScores strives to enhance the musical experience for users, allowing them to engage with music seamlessly via smartphones, tablets, or computers.

Trod Medical

Series B in 2013
Trod Medical S.A. is a medical device manufacturer founded in 2006, with its headquarters located in Leuven, Belgium, and a presence in the Tampa Bay area, USA. The company specializes in innovative ablation technologies, particularly in the development of radiofrequency (RF) ablation devices. Trod Medical's flagship product, the EncageTM, is a percutaneous RF device designed to ablate soft tissues with exceptional precision, significantly reducing collateral damage compared to conventional treatments. This advancement is particularly relevant in the treatment of prostate cancer, a prevalent condition that affects around 240,000 new patients annually in the United States. The company aims to address the limitations of existing therapies, which often lead to serious side effects such as erectile dysfunction and urinary incontinence. Through its focus on focal ablation techniques, Trod Medical is committed to improving patient outcomes and enhancing surgical efficacy.

Biotalys

Venture Round in 2013
Biotalys is an agricultural technology company based in Ghent, Belgium, founded in 2013. The company specializes in researching and developing biopesticides designed to control pests and diseases on crops and harvested products. Biotalys employs its proprietary Agrobody technology platform to create protein-based biocontrol solutions that combine the effectiveness of chemical pesticides with the safety profile of biologicals. These solutions are suitable for both pre- and post-harvest applications, aiming to provide a more sustainable and safer food supply. The company's technology platform generates products that enable targeted delivery and retention of active ingredients to prevent and control weeds, pests, and diseases.

Caliopa

Venture Round in 2010
Caliopa NV, established in 2010 in Zwijnaarde, Belgium, specializes in developing and marketing silicon photonics-based optical transceivers for the data communication and telecommunications industries. As a spin-off from Ghent University's Photonics Research Group and imec, Caliopa leverages advanced technologies to deliver high-performance, cost-effective solutions tailored to these sectors.

iNEWiT

Series A in 2007
iNEWiT is an engineering company based in Mechelen, Belgium, founded in 2005. It specializes in identifying, designing, and creating applications and devices tailored for the mobile market. The company develops mobile video communication applications utilizing its patent-pending technology to transmit data, video, and sound across various wireless and wired platforms. iNEWiT also offers wireless communication technologies that encompass GPRS/EDGE, 3G, HSDPA/HSUPA, WiFi, WiMAX, and satellite networks. Additionally, it provides plug-and-play products aimed at the business-to-consumer markets.

Cinvolve

Venture Round in 2007
Cinvolve is a company that specializes in seat occupation monitoring services, focusing on enhancing the understanding of audience behavior in movie theaters. Utilizing advanced sensor technology embedded in theater seating, Cinvolve provides real-time detection of seat occupancy, allowing cinema owners to gather and analyze valuable data regarding audience preferences and engagement. This innovative approach not only streamlines the ticketing process, eliminating the need for traditional ticket control services, but also empowers cinema operators and studios to adjust movie programming and scheduling based on audience feedback. Founded in 2004 and headquartered in Izegem, Belgium, Cinvolve aims to optimize the cinema experience by connecting theaters more effectively with their audiences.

iNEWiT

Venture Round in 2006
iNEWiT is an engineering company based in Mechelen, Belgium, founded in 2005. It specializes in identifying, designing, and creating applications and devices tailored for the mobile market. The company develops mobile video communication applications utilizing its patent-pending technology to transmit data, video, and sound across various wireless and wired platforms. iNEWiT also offers wireless communication technologies that encompass GPRS/EDGE, 3G, HSDPA/HSUPA, WiFi, WiMAX, and satellite networks. Additionally, it provides plug-and-play products aimed at the business-to-consumer markets.
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